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Thoughts on $NZDCAD and the 0.8120 Area
Been watching $NZDCAD quite closely today. It dipped down to around 0.81182 earlier and bounced a bit, now trading at 0.81222. I'm wondering if this 0.8120 area is going to hold as some sort of support, or if we're going to see a clean break lower. A sustained move below that 0.8118 mark would definitely invalidate any short-term bullish outlook for me, suggesting more downside might be in play.
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